【$ENJ Signal】Short Squeeze Rebound / Volume-Price Divergence / Pullback Confirmation

$ENJ 4H timeframe massive long yang candlestick broke through long-term descending trendline (phenomenon), but subsequent K-line formed long upper wick with sharply shrinking trading volume, weak follow-through buying pressure (capital verification). Current price pulling back to previous breakout level, need to observe if effective support forms, otherwise view as false breakout and bull trap (conclusion).

🎯Direction: Place long orders

⚡Entry: 0.02270 - 0.02328

🛑Stop Loss: 0.02210

🚀Targets: 0.02802 / 0.03038

🛡Strategy: Reduce position by half at target 1, move to breakeven, use remaining position to target 2.

View live market 👇 $ENJ
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#Gate13周年全球庆典 #Gate广场AI测评官 #SEC与CFTC新监管指引